Loading...
HomeMy WebLinkAbout08 August 03 JEFFERSON COUNTY BOARD OF EQUALIZATION A.C. Dalgleish David G. Douglas Archie Barber, Jr. Chairman Vice-Chairman Member Alternate M I NUT E S 3 August 1987 Chairman Dalgleish called the meeting to order at 9:10 AM. All Board members and Clerk Lea were present. BOE-87-037-LO- Parcel No 933-300-901 - Petitioner Kunz was present at the hearing Bob Shold represented the Assessors office. This parcel consists of lots 1-8, Block 9 of the Brackens Addition, which were purchased in June 1954 (70 lots for $1,000 total) He sold six lots in Block 10 adjacent to the west for $800jlot in April 1977. Most lots in this block will not per~, and the nearest sewer line is two blocks from this parcel. He thinks valuation should De $600 per lot. The Assessor reported most recent sale in area (1983) was for $2,500 per lot and valuation of this parcel was adjusted accordingly, He concurred that,due to taper of lot lengths, thi s parcel has an equivalent a rea of seven lots (or two potential building sites under current codes.) The Board ~hould examine all parcels in Block 9, 10,25 and 26. BOE-87-038-LO - Parcel No. 933-301-001- petitioner Kunz present at hearing, and Bob Shold represented the Assessors office. This parcel includes lots 5-14 (ten lots) in Block 10 immediately east of Block n.ine. The Assessor recommended that this parcel and the three adjacent Blocks (9,25,26) should be reviewed by the Board during inspection to attain any equitable adjustments ---- SEE BOE-087-Q37 ABOVE------ BOE-87-039-LO- Parcel No. 933-302-501 - Mr. Kunz was present at the hearing, Bob Shold represented the Assessors office. This parcel includes lots 1-20 in Block 25 across an improved street from an R.'J. Park on the firgrounds, Any adjustment should reflect decision on other three Blocks in Brackens Addition. (See Above) BOE-87-040-LO Parcel No. 933-302-601- Mr. Kunz was present at the hearing and Bob Shold represented the Assessors office. This parcel consists of lots 1-10 in Block 26 of Brackens Addition (1) There is no current street access to the lot, (2) The nearest sewer line is three Blocks from thi.s lot, (3) The area appears to be marshy or flooded in wet months and (4) the Block is tapered yeilding small lots at north end. Any decision on adjustments should reflect adjustments to Blocks 9,10 and 25 in Brackens Addition. BOE-87-041-C - Parcel No. 957-606-901 - Mr. Ramey was present at the hearing, and Bob Sho 1 d represented the Assessors offi ce. The peti ti oner stipul ated that (1) he had purchased a half interest in this commercial business in June 1986 for $85,000 (2) contended that land valuation was hi\)her than that of parcel purchased by Swain (adjacent.to Safeway in Simms Way) and (3) that square footage of building improvements current valuation is not accurate. The Assessors office reported that (1) this parcel is a corner lot on Sims Way currently assessed on basis of 800 front at $220 per front foot. (2) The current valuation is based on a review by the State Department of Revenue in December 1984. (3) The Board inspection should include a review of the front footage of the parcel and a check of dimensions and level of depreciation of building improvements. BOE-87-042-R - Parcel No. 944-400-204 - Clerk Lea reported that the petitioners (Dick & Lynn Bumgarner) had requested that their petition be withdrawn. The Board acquiesced to this request, BOE-87-043-C - Parcel No. 948-323-701 - Petitioner Larson was not present at the hearing. Bob Shold represented the Assessors office. The petitioner requested that the Board review should consider three parcels together in as much as they represent a commercial operation of buildings and grounds of a shoppingarea known as Castle Hill Center at the corner of Sims Way and Sheridan Street. 89E Petition Parcel No. land Improvements Total 087-043-C 948-323-701 087-044-C 948-323-801 087-045-C 948-333-001 SUB-TOTALS 210,935 50,000 216,645 477 ,580 693,060 325,000 602,290 1,620,350 903,'95 375,000 818,935 2,097,930 A Washington State Department of Revenue appraisal of December 1986 consisting of both Market and Income ana lys is set the Valuation at $1. 7 mi 11 ion. The comparabl es in the petition were from areas outside Jefferson County and were not considered germain to this petition. The Assessor reported that State appraisal appears reasonable and equitable and condirmed that this Market Approach Appraisal indicates a market value of ,$1.7 M. Based on the recommendation of the Assessor, the Board moved and passed a motion to sustain the current land valuations and to adjust the building improvement valuations as follows: BOE Petition Parcel No. 087-043-C 087-044-C 087-045-C 948-323-701 948-323-801 948-333-001 Land $210,935 50,000 216,645 fmprovements $452,295 305,605 464,520 Total Val uations = $ 663,230 355,605 681,165 $1,700,000 = '" Reduction of building Improvements were: 087-043-C: 087-044-C: 087-045-C: $69!,060 $325,000 $602,290 452,295 305,605 464,520 TOTAL - '" -$240,765 = -$ 19,395 = -$137,770 -$397,930 BOE-87-046-R : Parcel No. 948-318-901 - Petitioner L~rson was not present at the hearing. Bob Shold represented the Assessors office. The petition included (1) a March 1986 appraisal by Janet Little of $90,000, (2) submitted comparable 3-Lot sale in same blocks in July 1987 and (3) stipulated the house living area of 1620 sq ft.>basement area of 1120 sq. ft. of The Assessor (1) reported a 100 sq ft. deviation in areaAhouse between the Assessors records and the submitted appraisal, (2) The current valuation of land is consistent with other lots in the area, and (3) the level of depreciation of the buil ding improvement shoul d be reviewed at tne Board inspection. BOE-87-047-LO - Parcel No. 001-171-012- Petitioner Hopkins was not present at the hearing. Bob Shold represented the Assessors office. The petition stilpulated (1) that parcel was purchased in August 1978 for $15.000 (2) there have beenVland improvements made, and (3) the current asking price is $28,000. no The Assessor reported (1) that there have been no comparable sales in this area for the past five years (2) that current Land values in the area are between $3,750 and $4,250 per acre. and (3) that this parcel is currently valued at $4,250 per acre. There being no further business before them, the Board adjourned till 9:00 AM on Wednesday, the 5th of August. DATE APPROVED~~~ " PREPARED BY .. e ~d./